Redsense Medical AB’s shares to begin trading at OTCQX on September 29, 2023
Redsense Medical AB has been qualified and approved to enter share trading on the OTCQX trading platform in the United States. Trading of the share on OTCQX will start September 29, 2023 under the symbol “RDSNF”.
OTCQX is a trading platform in the United States operated by the OTC Markets Group for securities not listed on a national stock exchange. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"We are excited to now offer U.S. investors the opportunity to begin trading the Redsense Medical share. Furthermore, through a cross-trade on OTCQX, we make it easier for international investors and institutions who are considering trading our shares. With most of our revenue in the U.S. and our strong focus on this market, the dual-quotation is a natural step to meet an increased interest in Redsense Medical”, says Pontus Nobréus, CEO of Redsense Medical AB.
B. Riley Securities Inc. acted as the company’s OTCQX sponsor.
Contact information
For more information, please contact:
Pontus Nobréus, CEO
Telephone: +46 72-171 1264
E-mail: pontus.nobreus (at) redsensemedical.com
Redsense Medical AB (publ), 556646-4862
ABOUT REDSENSE MEDICAL
Redsense Medical is a corporate group with operations mainly in Europe and the United States. The company has developed the Redsense System, an innovation used for monitoring and alarm in the case of blood leakage in connection with a hemodialysis treatment. Redsense Medical solves one of the most serious remaining safety problems within hemodialysis – to quickly detect Venous Needle Dislodgement and catheter leakage to minimize blood leakage. The system consists of a patented fiber optic sensor, designed for either venous needle or central venous catheter, which is connected to an alarm unit. From the very start, the development of the company's technology has been based on the demands and safety requirements of healthcare providers in the dialysis sector. The Redsense Medical share is listed on Spotlight Stock Market (REDS) and traded on OTCQX (RDSNF) in the US.
ABOUT OTC MARKETS GROUP INC.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.